2450 Colorado AveSanta Monica, CA 90404

Property Details for 2450 Colorado Ave

Year built

2000

Construction

STEEL FRAME

Lot size

3.35 AC

Property size (Sq ft)

293,240 SF

Zone code

SMC5*

Property type

Office properties

Property subtype

Office buildings

APN

4268-018-049

APU

4268018049

Description

This exceptional Santa Monica office space offers a variety of executive suites perfect for businesses of all sizes. Located at the convenient intersection of Colorado Avenue and Cloverfield Boulevard, this property provides easy access to major transportation routes and local amenities. The available spaces range from 150 square feet to 1,000 square feet, catering to diverse needs and accommodating multiple tenants. The building offers a creative and modern workspace environment, ideal for fostering productivity and collaboration. Whether your business requires a small, efficient office or a larger space for a growing team, this location provides the flexibility to meet your specific requirements. The property is designed to provide a professional and inspiring atmosphere, enhancing the overall work experience. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this desirable Santa Monica location. Don't miss this opportunity to secure your ideal workspace in a vibrant and thriving business community. The address offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the area. The available spaces are ready for immediate occupancy, allowing for a seamless transition into your new office.

• CAP approach

  CAP return

  Valuation

  6%

  $73,498,288

  6.5%

  $67,844,568

  7%

  $62,998,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,638,640

  Geo Method

  $55,762,520

• Alternative Use

  Use

  Valuation

  Residential

  $84,127,272

  Hospitality

  $77,060,128

  Educational

  $64,113,120

  Medical

  $66,318,068

  Retail

  $99,731,520

Location Insight

City

Santa Monica

County

Los Angeles

State

California

Latitude

34.0292

Longitude

-118.472

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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